IFRS – Revenue

IFRS – Revenue

KPMG’s insights into the joint standard on revenue recognition from the IASB and FASB.

KPMG’s insights into the joint standard on revenue recognition from the IASB and FASB.

A new global standard for revenue recognition

It's likely that the new revenue standard will affect the way you account for revenue. Published jointly by the IASB and FASB in May 2014, it replaces existing IFRS and US GAAP guidance and introduces a new recognition model for contracts with customers. For some, the new standard will have a significant impact on how and when they recognise revenue. All companies will be subject to extensive new disclosure requirements.

Our materials help you understand the new requirements, assess the impact on your company, and keep up to date with the latest developments on the new standard.

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2018 effective date for IFRS 15

IASB confirms a one-year deferral of the effective date of its new revenue standard.

 
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Introducing IFRS 15

Insight and analysis on the impact of IFRS 15 Revenue from Contracts with Customers.

 
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Transition to IFRS 15

What's the best option for your business?

 
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IFRS 15 for sectors

We look at possible impacts of IFRS 15, actions that may be needed, and how KPMG can help.

 
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IFRS 15 for construction

IFRS 15 could bring significant change for the construction sector.

 
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KPMG 'New revenue standard: A clearer view of IFRS 15' publication image: Woman looking at a smartphone while carrying shopping bags.

IFRS 15 – A clearer view

Proposed amendments to IFRS 15 clarify four key aspects of the new revenue standard.

 
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IFRS 15 for consumer goods

How might food, drink and consumer goods companies be affected by the new revenue standard?

 
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